is the glass half empty or half fullIf you take the conservative approach to guidance you will love this NR.... lower production in 2017 by 24,000 tons.... the numbers given are easily reachable.... they do mentioned three important factors..... silver stream coming full profit in april, possibility of keeping minto going for another 3 years, exploration of pinto to increase resource and zinc mining may come onboard.
In addition you have the south america project continuing....
To me this release will be followed for the rest of the year by nothing else but positive exciting result...... if you go to the financial that 94,000 ton projected is 80% hedge already so you get really good stability.... then you move to 80,000 ton for 2018/19 with copper price expected to be higher without edging and perhaps with zinc coming onboard..plus silver at workd prices ...so again you will have stability of revenue....
sp should be back to the 2. plus before third quarter (my opinion)